THE transport and logistics challenge that was identified in early January at the Bisha mine is now resolved with the purchase of additional 45 trucks, Nevsun notified to shareholders during a Conference Call meeting conducted last week.
ERITREA’s future growth and prosperity is based on a market economy, which gives the private sector a leading role. It encourages private investment from both domestic and foreign investors.
In particular, the government in its newly established Free Zone in its ports and in tourism related projects. It offers significant incentives for such investors. Favorable investment policy, in particular, relates to taxes, foreign exchange regulations, labor laws, business licensing and guarantees. Continue reading Eritrea’s Free Trade Zone→
ERITREA has two main ports, Assaband Massawa. Both ports are located on the sea lane that connects Europe with the Persian Gulf and the countries bordering the Indian and Pacific Oceans. Continue reading Eritrean Sea Ports→
Linking different areas of Eritrea with road networks has been among the success stories which the country is to be proud of. What has been achieved in marine transportation is also not to be viewed lightly. However, unlike to the tremendous progress in land transportation there have been limitations in marine transport as the fairly good infrastructure does not yet correspond to Eritrea’s maritime endowment. Continue reading Eritrea: Steady Progress towards Better Maritime Service→
Eritrea’s third start-up airline operator, Massawa Airways (Massawa International , MSW) recently took delivery of its first two Beech 1900Ds, N46Ar (c/n UE27) aircrafts to join its existing MA-60 and E3-AAV aircrafts that were delivered in early December last year.